HousingAnywhere, an online rental marketplace for international students and other young professionals, has announced it acquired StanzaZoo, an Italian classifieds platform.
Djordy Seelmann, CEO of HousingAnywhere, explains:
“Italy is fast becoming one of the most important markets for HousingAnywhere. The acquisition of StanzaZoo, a household name in Italy, greatly facilitates our access to the entire Italian market. We will immediately gain market share in an array of Italian cities, solidifying our position on the Italian real estate market to stay ahead of the rest. Throughout 2021, HousingAnywhere will be scaling up its operations across Italy. By doing so, we expect to establish ourselves as the leading player in the Italian rental market by the end of 2021.”
The acquisition of StanzaZoo is the third under HousingAnywhere’s belt within the last 12 months. HousingAnywhere is looking to become the go-to platform for all young professionals and international students looking for renting listings in Europe.
On their acquisition, Gabriele Manna and Claudia Mastromauro, the Founders of Stanzazoo, say:
“Giving our customers access to a larger, international market is the logical next step for StanzaZoo. We are glad we will continue this growth under the umbrella of a company that shares our belief that a superior product, focused on automation and the best user experience, will lead to the best match between tenants and landlords.”
With the addition of StanzaZoo, landlords and tenants registered on StanzaZoo will gain access to HousingAnywhere’s 8 million users, along with the benefits that come with using HousingAnywhere’s platform, including AI for fraud detection, the RentRadar tool, and digital transaction tool, HousingAnywhere Payments.
Seelmann explains:
“Realizing our future growth through M&A is part of our strategy. We are committed to the Italian market and we plan to bring a strong contribution to improving the experience for both tenants and accommodation providers, to make online rental easier, safer, and ultimately, more efficient.”